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Data Analytics

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IndyCar formally announced Japanese telecom and data giant NTT as its entitlement sponsor in a multi-year deal. On the face of it, the move filled a void left when Verizon ended its naming rights deal in 2018. But the bigger part of the new partnership flew under the radar. NTT is the parent company of many businesses, with one being NTT Data, a $19 billion global business. Under NTT, over $2 billion has been spent in R&D. And what’s more, as…

The success of today’s hyper-personalized, intuitive and intelligent products requires that employees have a full stack of skills. At first, the term “full stack” described software developers who had multiple competencies and worked across the development process, from the front to the back end. Today, this term covers the skills of every professional across the enterprise — sales and marketing, finance, operations, human resources and more. Full-stack employees are digital natives who understand the enterprise’s…

Data has become one of the most valuable commodities for modern businesses. However, sometimes with great plenty, comes great responsibility. In addition, more and more businesses are going digital, and the result is that a large amount of data is being produced within their supply chains. But data, as opposed to capital, is useless without the tools that allow organizations to order, understand, and gain deeper insights from it. The big data revolution has made…

There exists a fundamental difference between a bank offering digital services and a bank becoming truly digital. The digital bank represents Finance 5.0 – the generation of banking that will arise in the next 5 years. Traditional banks will either need to partner with FinTech’s or take on the transformation process themselves. Key to this evolution will be the need to further develop digital capabilities as well as welcoming a fundamental mindset shift [1]. AI and Big…

It is one thing to innovate and achieve breakthrough success—to reach the pinnacle, the mountain top. It is quite another to sustain that leadership position decade after decade, in a competitive marketplace that has become increasingly digital and data-and-analytics driven. The ability of American Express (AMEX) to sustain its brand and continue to reinvent and build upon its core strengths as a leader in customer experience and payment processing is a rare and notable feat. Founded in…

Forget Brussels. Never mind Bruges. Ignore Antwerp. Why? Because there’s Ghent. It is an open secret that Ghent is a hidden gem – an often overlooked Flemish city that is home to medieval cathedrals, winding canals, quaint cobblestone streets, and an allegedly haunted castle with the oh-so-appropriate name of Gravensteen. Now, through word of mouth and social media, even more tourists and modern-day explorers have discovered this under-the radar utopia. Sadly, the new influx of…

Every year, digital data growth hits new records. IDC predicts the world’s collected data will surge to 175 zettabytes by 2025. Enterprises are collecting more data than ever before, attempting to derive business advantages from both proprietary and outside data sources. But uncovering the benefits of the massive volumes of data they’re generating comes with both challenges and opportunities. Some of the challenges are obviously related to data management. We’ve seen a growth in tools and…

These days, it is not a question of whether companies are collecting and analyzing data on their execution of operations, but rather how effectively they are doing so. Companies spanning industries are all prioritizing their data analysis capabilities. They seek the real-time insights enabled from complete data visibility, which can optimize their processes. Before organizations can begin gleaning insights from their data, it is essential to assess their data maturity level. Organizations that successfully gauge…

We all know that Silicon Valley is always trying to build a better mousetrap, but often, that mousetrap is flawed. Maybe it improves one feature but breaks three others in the process. Or perhaps the new mousetrap is just too complicated to deploy at scale. What’s even more frustrating? The existing mousetrap usually works just fine — maybe even better than the new one. Sometimes innovation happens for innovation’s sake rather than to meet a…

Consumers are inundated every day with ads for products and services. The number of options is exhausting. What makes consumers stop and pay attention? As brands work to answer this question, they become more creative as a result. In fact, many are diving into the benefits of big data analytics. For instance, in 2016 Starbucks started using AI to send personalized offerings to its customers via email. Beyond customizing drinks to match personal tastes, the company uses…